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Production volumes for Samsung's foundry business have been boosted by demand for HBM chips. Johnson & Johnson announced plans to spin its orthopedics business (joint replacements, surgical tools, etc.) out of its med tech division in order to focus more tightly on higher-growth areas such as oncology. While VICI's most recent earnings results were modestly positive, a meaningful softening in casino revenues weighed…

Tech sector faces sharp declines, with Nasdaq 100 futures down 2.3% and chip stocks plunging after a major selloff in South Korea's KOSPI index. Amazon Web Services suffered significant infrastructure damage in UAE and Bahrain due to drone strikes, impairing service availability and prolonging recovery.

Xiaomi kept prices steady year-on-year for its newly launched 17 and 17 Ultra smartphones, despite rising memory costs, in a move that underlines the sensitivity of consumer demand to price increases. The Chinese handset maker unveiled the models over the weekend, maintaining pricing levels even as memory component prices have climbed.

New research from IDC forecasts that the global smartphone market will shrink 13% due to the crunch in memory chip supplies. Nabila Popal, senior research director at IDC, joins Caroline Hyde on “Bloomberg Tech.

Samsung Electronics (SSNLF) is pressing ahead with its Galaxy S26 lineup, but management's tone around some experimental form factors suggests a more measured c